Board of Airport Commissioners

RESOLUTION NO.      - Agreement with the American Association of Airport Executives:  For Los Angeles World Airports to sponsor, at the Host level, the 98th Annual Conference and Exposition in Los Angeles, scheduled for May 3-5, 2026, for amount not to exceed $650,000 \nPURPOSE: Staff request authorization to enter into an agreement with the American Association of Airport Executives (AAAE) to sponsor, at the Host level, the 98th Annual Conference and Exposition, which draws an estimated 2,500 industry leaders each year, in Los Angeles. The Host sponsorship will be payable in advance, in separate installments, and on a schedule that meets 75% of the commitment, or $487,500, by June 30, 2025, and the balance of the commitment of 25%, or $162,500, by December 31, 2025. \nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport Commissioners determine that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Article II, Section 2.f of the Los Angeles City CEQA Guidelines; find that it is customary and necessary to pay a Host sponsorship in advance and that it is not possible to obtain Host sponsorship without the requested advance payments, that advance payment is customarily required for such goods and services; approve the Agreement with the American Association of Airport Executives; and authorize the Chief Executive Officer, or designee, to execute said Agreement after approval as to form by the City Attorney. (Becca Doten)\n08 report \n9.